December Pending Home Sales Cross 8% Mark
If you live in the West, Midwest, or the South, you probably saw pending home sales noticeably climb month-over-month, but if you live in the Northeast, pending home sales declined… Read more »
Tag: National Association of Realtors (NAR)
The Average Home Cost Has Surpassed $400k For First Time
Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price gains compared… Read more »
Mortgage Rates Surge Ahead of Fed Rate Increase
As the nation sat and waited for the Fed to raise rates, the 30-year fixed-rate mortgage (FRM) wasted no time getting a jump on the Fed’s news, jumping to an… Read more »
Pending Home Sales Slide 2.2% in November
According to the National Association of Realtors (NAR), pending home sales slipped in November, dropping 2.2.% from October as found by NAR’s Pending Home Sales Index (PHSI), a forward-looking indicator… Read more »
Mortgage Rates Dip and Continue to Hover Below the 3% Mark
Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) has shown that the 30-year fixed-rate mortgage (FRM) averaged 2.86% for the week ending September 16, 2021, down slightly from last week’s… Read more »